Recent Insights.
5 July 2024
Understanding the Extended Instant Asset Write-Off Scheme
The instant asset write-off, which was due to expire on 30 June 2024, was recently extended by another 12 months, which means eligible businesses can continue taking advantage of this tax benefit in the 2024-25 financial year. Instant asset write-off extended until June 2025 Under the instant asset write-off, eligible businesses can immediately deduct the full cost of eligible assets under $20,000 if they are first used or installed by the end of June 2025. To qualify for the scheme, a business must have an annual turnover of less than $10 million. The instant asset write-off can be used for:...
21 June 2024
How to Make Your Business Carbon Neutral: 7 Key Steps
In an era marked by growing environmental awareness and regulatory pressures, businesses are increasingly compelled to take action against climate change by reducing their carbon footprint. Becoming carbon neutral is not just a trend but a responsible business practice that can enhance brand reputation, attract environmentally-conscious customers, and contribute to a sustainable future. Let’s explore the meaning of carbon neutrality, its benefits, and 7 key tips on how to make your business carbon neutral. Understanding Carbon Neutrality The concept of carbon neutrality is complex, requiring businesses to carefully measure, manage, and mitigate their greenhouse gas emissions through a combination of...
29 May 2024
What is Acquisition Finance? How to Finance a Business Acquisition & How Banks Assess Viability & Risk
Acquisition finance plays an important role in corporate strategy, enabling businesses to expand, consolidate market share, or enter new markets through the acquisition of other companies. However, acquisition financing can be a complex undertaking and requires a solid understanding of the various financial tools, risk assessment, and strategic planning. Let’s uncover the fundamentals of what acquisition financing is, exploring how to finance a business acquisition, and the methods banks use to gauge viability and manage associated risks. What is Acquisition Finance? Acquisition finance definition: Acquisition finance is the capital that is obtained for the purpose of buying another business. The...
16 May 2024
Why Environmental Impact Investing Is Important for Businesses: A Comprehensive Guide
With the surge in media coverage and educational initiatives around climate change, environmental decline stands at the forefront of global concerns. This growing crisis has led to the rise of environmental impact investing, with many individuals shifting their investment holdings away from fossil fuels and non-sustainable sectors, in favour of eco-friendly industries. Businesses are becoming increasingly aware of the importance of environmental impact investing (EII) – and are acknowledging the critical role they play in addressing these challenges. EII has become a powerful tool for businesses to align their financial interests with sustainable practices. Let’s explore the significance of environmental...
23 April 2024
Preparing Your Business for Tax Debt Changes in 2025
The Australian government has recently announced that starting from July 1, 2025, the general interest charge (GIC) and shortfall interest charge (SIC) will no longer be deductible. The move to expedite tax debt recovery efforts has been undertaken due to the fact that there is currently over $50 billion in collectable tax debt outstanding. This debt is predominantly owed by small businesses. The aim of this move is to recover the outstanding tax debt at a faster pace, which will help to improve the overall financial health of the country and ensure that businesses are fulfilling their tax obligations. By...
23 April 2024
What is Business Lending? How it Works & the Key Benefits
For many business owners, access to capital can be crucial for growth, investment, and even maintaining day-to-day operations. Business lending can serve as a vital resource, providing the necessary funds to achieve your objectives. So, what exactly is business lending, how does it work, and what benefits does it offer? Understanding commercial lending and the role it plays can be pivotal to the success of your business. Here we break down what you need to know about business lending, exploring its mechanisms, applications, and the advantages can bring to businesses ranging from small start-ups, to large corporations. What is Business...
27 March 2024
Introducing Ledge Home Loans – the new face of consumer lending in Perth
20 March 2024
What is Cyber Insurance? How to Protect Your Business from a Cyber Attack
Cyber insurance, also known as ‘cyber liability insurance,’ is a type of insurance coverage designed to protect businesses from the potential losses and damages resulting from a cyber attack or data breach. With the increasing prevalence of cyber threats in today’s digital landscape, cyber insurance has become a vital component of risk management for Australian businesses, as it provides financial protection by covering various costs associated with cyber incidents – including investigation expenses, legal fees, notification costs, and more. Let’s explore the intricacies of cyber insurance and how it can safeguard your business against the ever-evolving threat of cyber attacks....
8 March 2024
ADENCO & RSK Australia: making waves in water management in the Pilbara
Since 2015, ADENCO Water Management & Civil Engineering has been a major player in the Australian resource and commodity industries. They have grown into the far north of WA, delivering integral water management solutions. ADENCO’s point of difference in the Pilbara In 2016, ADENCO secured their first major project with BHP followed by Roy Hill in 2018, and have since gone from strength to strength. Richie Maher, ADENCO’s Commercial Director, said the company’s primary footprint in the Pilbara, servicing the iron ore industry, and having an in-house skillset with a large fleet of heavy plant and equipment has played a...